An international delegation from acclaimed universities and academic partners of NMIMS SBM from the US graced the occasion with the perspective of sharing insights on how business organisations in India navigate their environments in the context of myriad challenges. The delegation led by Dr. Sumit Kundu, Professor and Eminent Scholar Chair in International Business College of Business at Florida, Florida International University, included eminent academicians and faculty members from top universities, namely, Brigham Young University, Broward College, Salt Lake Community College, Polk State College, San Diego State University (SDSU), University of Alberta, Bethune-Cookman University, Salisbury University, Webster University and the University of Wisconsin–Whitewater.

The programme saw wide-ranging discussions and deliberations on the challenges and opportunities for Indian businesses in the current business environment. It included an enlightening address from Dr Ramesh Bhat, Vice Chancellor, SVKM’s NMIMS University, where he delved into the history of NMIMS, touched upon the University’s unique teaching pedagogies and highlighted its focus on promoting inclusivity on campus. Meanwhile, Dr Meena Galliara, Director, NMIMS Jasani Centre for Social Entrepreneurship & Sustainability Management, presented an inspiring presentation on social entrepreneurship initiatives taken by the Jasani Centre.

The programme featured a thought-provoking panel discussion on ‘Business in India: A multi sectoral and thematic exploration’. The panel discussants were illustrious alumni of SBM invited by the Alumni Relations Cell at SBM. The panel included Mr. Bimal A Desai, Country Head & Director, SheepMedical; Mr. Mohan Raju, VP and Vertical Head IOT, Reliance Jio; Mr. Sachin Seth, Managing Director, EbixCash Financial Technologies; Ms. Urvashi Muni, International Business Partner- HR, Boeing, and Mr. Kedar Mehta, Head of Experience, Oglivy. The industry leaders provided their valuable insights on India’s diverse consumer base, cultural differences, regulatory complexities, digitalisation and technological advancements, infrastructural challenges and the collective impact of these factors on the business environment.

In his address, Mr. Bimal A Desai highlighted the importance of the healthcare sector in the country, the rapid transformations within the pharmaceutical industry and the challenges and opportunities it poses. Speaking about the current and emerging technological advancements, Mr. Mohan Raju explained that technology was driving the current economic growth in India. He forecasted that in the near future, rapid automation and technical advances were set to dominate every industry.

Meanwhile, Mr. Sachin Seth delved deep into the Indian fintech market and spoke about how it transformed banking and finance in India. Ms Urvashi Muni, in her address, highlighted the youth dividend in India. She also spoke about the dearth of talent in the Indian job market and listed the strategies organisations could use to hire, retain and manage their talent. Lastly, Mr. Kedar Mehta spoke about the growth and transformation of the retail sector in India.

Speaking at the event, Dr Ramesh Bhat said, “At NMIMS, we have significantly updated our curriculum across programs and subject domains to address the challenges facing business organisations in the current transformational environment. This will prepare our students to face the challenges in their professional life successfully.”

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Professor Saifur Rahman is the founding director of the Advanced Research Institute at Virginia Tech, USA. He is IEEE President USA.  He also directs the Center for Energy and the Global Environment at the university. He is a distinguished Life Fellow of the IEEE and recipient of the prestigious IEEE Millennium Medal. In 2018 and 2019, he held the notable position of President of the IEEE Power and Energy Society (PES). He also founded BEM Controls, LLC, a US-based building energy management software company. Additionally, he chaired the US National Science Foundation Advisory Committee for International Science and Engineering from 2010 to 2013.

Expressing his strong viewpoints on sustainability and the need to address climate change, he said, “I wish to discuss why it is a challenge to sustain the climate and why it is important. If you see what’s happening today, there are unprecedented disasters. Issues like the heavy rains in Delhi and Saudi Arabia and the forest fires in Siberia as a result of the North Pole warming up and icebergs breaking up all demand our attention. As humans, we have the responsibility to protect the species.”

He also emphasized on the importance of educating the girls on climate and engineering and said on the matter, “If a girl doesn’t know what engineering and climate are by the age of 12, she will never know. Currently, there are 20% of girls in engineering in the US, 30% of girls in engineering in India, and more than 50% of girls in engineering in Malaysia. So my point is to make them understand. Climate change is an issue that has to be understood by everybody – from high school teachers to bankers to doctors and lawyers.”

This session on Climate Change proved to be highly beneficial for the students. Professor Saifur Rahman’s informative discourse, students gained a deeper understanding of the pressing issue of climate change and its impact on our planet. The enriching experience allowed the students to connect with professionals and peers interested in making a positive impact on the environment.

As he highlighted the critical importance of taking immediate and collective action to address the environmental challenges we face, it not only raised awareness but also inspired and motivated the MPSTME students to contribute towards sustainable solutions and be agents of change in combating climate change. By engaging in such initiatives, SVKM’s NMIMS Mukesh Patel School of Technology Management & Engineering (MPSTME) continues to fulfil its mission of providing comprehensive education that aligns with the ever-evolving needs of society.

“Through enlightening sessions like ‘Climate Change: An Expert Talk,’ we sow the seeds of awareness and nurture the growth of a sustainable future. Together, with visionaries like Professor Saifur Rahman, we shall rise to the occasion and forge a path of stewardship for our generations.”, said Dr. Alka Mahajan, Dean, MPSTME, as an appreciation towards this unforgettable session which urged each and everyone to be the catalysts of change.

Shri. Anand Suhas Gharpure, Chair IEEE Bombay Section said, “ When Engineers talks about and takes up the Climate Change Challenge they mean business and once IEEE Members takes up any challenge nothing is impossible.  We are sure that we will be able to achieve 2030 goals well before that.  It’s not only IEEE President’s vision but IEEE as a whole.  IEEE Bombay Section is bound by it’s duty towards the Sustainable Future. ”

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The program structure at SAST follows a comprehensive approach, focusing on fundamental education in the first year, applied aspects in the second year, technology aspects in the third year, and field training throughout the final year. During their third year, Mr. Pawan Rajput and Mr. Manoj Mali studied courses on post-harvest technology and food processing, where they identified the gaps in the storage, packaging, and processing of perishable fruits and vegetables.

Their realization of the challenges faced by resource-poor small and marginal farmers, including price fluctuations and post-harvest wastage, during their village attachment program in rural areas of Dhule and Jalgaon, became the driving force behind their innovative idea. After extensive research and analysis of current practices, storage structures, and packaging materials, they developed a vacuum storage device design equipped with accessories that regulate temperature, inhibit microbial growth, and absorb undesirable gases.

The design provides a controlled environment for stored produce, minimizing decay, bacterial growth, and wilting. It incorporates natural and plant-based ingredients in the anti-microbial unit to prevent food spoilage caused by microbial contaminants. The device also features wheels for easy mobility and can be controlled through a user device via a mobile-based app, enabling real-time monitoring of temperature, pressure, and other parameters.

This notable achievement by Mr. Pawan Rajput and Mr. Manoj Mali underscores the inspiring learning environment and curriculum at SAST, which emphasizes classroom and field-oriented learning systems. The school’s principles of “Earn while Learn” and “Materialize the ideas” encourage an environment that nurtures scientific, entrepreneurial, sporting, and cultural talents among its students.

Dr. Mallikarjun Dhotre, Assistant Professor (Horticulture) at SAST, played a crucial role in providing technical support and moral encouragement throughout the development of the design. His guidance and expertise have been instrumental in the success of this invention.

The patent publication by Mr. Pawan Rajput and Mr. Manoj Mali stands as a significant milestone for SAST, highlighting the school’s commitment towards promoting innovation and disruptive technologies for the benefit of the farming community. This accomplishment sets a benchmark for future graduates and further establishes SAST as a leading institution in agricultural education and research.

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Imagine clusters of drones equipped with intelligent lighting modules, ready to brighten dark areas during power outages or emergencies. These drones transmit real-time video to nearby police stations, improving public safety. This innovative invention could also potentially save lives and help those stranded on highways. The system also has applications beyond emergencies, such as merging surveillance cameras with intelligent lighting to create a virtual security network, deterring wrongdoers and ensuring safety.

Merely 19 years old, Pavithra and Trisha from 1^st year B.Tech. Computer Science and Engineering (Data Science) at School of Technology Management & Engineering showed dedication and balanced their academic pursuits with the demands of their project. Their achievements have inspired their peers and showcased the potential of research and innovation. Pavithra and Trisha’s success story has opened doors for future students, encouraging them to dream big and strive for excellence.

Their journey throughout this research endeavor has been both inspiring and challenging. Despite being first-year students, they exhibited exceptional dedication and a thirst for knowledge. Their meticulous process involved gathering data from various reliable sources, selecting appropriate references, and interpreting the information effectively. The entire project spanned three months, during which they managed to strike a balance between their academic commitments and research work by investing extra hours in the evening.

Pavithra and Trisha expressed their gratitude to Dr. Siddhartha Ghosh, acknowledging his mentorship and emphasis on self-learning. His guidance empowered them to take ownership of their research work, encouraging independent exploration and problem-solving. This approach instilled in them a research-oriented mindset and enabled them to deliver their research paper successfully. Despite being the youngest participants at the IBSSC conference, they received appreciation from scientists and professors, leaving a lasting impression on the attendees. Their confidence can be attributed to the regular activities, including presentations, conducted at NMIMS Hyderabad through their various clubs.

Pavitra and Trisha’s parents, initially concerned about their education as the first batch students at NMIMS Hyderabad, now proudly celebrate their achievements and laud the support of the director and faculty.

The successful research undertaken by Pavithra and Trisha not only establishes a significant milestone for NMIMS Hyderabad but also inspires future batches of students to explore research opportunities and aim for academic excellence.

Commending Pavitra and Trisha for their scientific temperament and having the courage to stand in front of a daunting audience to present their paper, Dr. Siddhartha Ghosh, Director, NMIMS Hyderabad stresses the significance of academic research. He says “We, as academics, firmly believe in the criticality of prioritizing academic research due to its ability to facilitate direct student engagement and nurture intellectual growth. Once a research mind is created, students will acquire the skills to study better, prepare high-quality assignments, and become less reliant on faculty and classes. Besides, to thrive in the professional world, it is crucial to possess a research-oriented mind. This mindset empowers individuals to delve into the complexities of projects, seek knowledge from diverse sources such as online platforms, libraries, and journals, and engage in meaningful discussions with peers. Those with a research-oriented mind are highly sought after by product development companies in the software industry. In my view, the universe – where learning is happening across physical and virtual worlds, is the new school.”

“This achievement holds special significance as it is the result of the first batch of engineering students at the Hyderabad campus. The success of Pavithra and Trisha will undoubtedly inspire future students, and the institution aims to continue fostering a culture of research and innovation,” he adds proudly.

About STME

NMIMS Hyderabad is a complete package of learning, fun, culture, literature and many such life preaching activities. Here, the lively environment is filled with countless learning opportunities. The guidance of professional faculties and aid of modern equipment of learning are the foundation steps of our growth in this campus.

STME is founded on the principles of imparting quality education to students and grooming them to be practitioners of what they are taught. The consistent academic quality, research focus, faculty from top national and global institutes and strong industry linkages at STME has placed it amongst the nation’s prime centres of educational excellence and research today.

It has a tie up with the best MOOC platforms in the industry like Coursera, IBM. in order to provide the best learning to the students apart from their curriculum. STME, NMIMS, Hyderabad provides a platform for students to upgrade themselves not only academically but also to grow as a person.

The post Young Students from NMIMS Hyderabad Make History with Research Paper Presentation at IBSSC 2023 Conference appeared first on SPANDAN e-Magazine.

We would like to bring to your kind attention the public notice dated 17th April 2023 released by the University Grants Commission (UGC), Ministry of Education, Government of India regarding Open and Distance Learning (ODL) and Online Programs offered by the Narsee Monjee Institute of Management Studies (NMIMS) Maharashtra.

We understand that this notice may have raised concerns. NMIMS University would like to assure all our students and stakeholders that we are actively examining the details of the notice and we are closely engaging with all the parties to address the issue and resolve it as soon as possible.

Regarding this communication it is pertinent to note that this communication of the UGC does not apply to any of our full-time or offline programs.

NMIMS remains dedicated in our commitment to delivering top-quality education and training to our students. We make every effort to maintain the highest level of academic excellence of our programs and our team is working tirelessly towards this goal.

We greatly appreciate your continued support and will keep you informed of any developments on this matter.

Thank you for your attention.

For any further queries, please write to us at enquiry@nmims.edu.

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Speaking on the appointment, Dr Ramesh Bhat, Vice Chancellor, NMIMS, said, “We welcome Dr. Siddhartha Ghosh, an award-winning and globally recognized academician, and an educationist. We at NMIMS believe in having the best faculty and leadership to set a benchmark institution that transforms and created excellent talent globally. With over 2 decades of experience in R&D and AI and associated domains of Computer Science, we are delighted to have Dr. Siddhartha on board as a Director, of NMIMS Hyderabad. His excellence in multiple aspects of education will help the campus achieve the next level of innovation.”

Dr Siddhartha Ghosh, Director of NMIMS Hyderabad Campus, said, “I am thrilled to be a part of this remarkable journey as a Director, of such an esteemed institution. I look forward to the support of the management as we move towards achieving to be the best Deemed-to-be University, the best B-School with multi-dimensional specializations. I believe that NMIMS stands to build its students as its marquee ambassadors and make a mark in the global landscape.”

Dr. Siddhartha has won accolades for co-authoring two books in addition to sixty-two national and international research publications.

For more details, please visit – https://www.nmimshyderabad.org/

About NMIMS Hyderabad:

Established in 2010, NMIMS Hyderabad is renowned for its research-based pedagogy, World – class academic excellence, and experienced faculty. It has carved a niche for itself as an elite B-school and as the youngest school to secure coveted and prestigious AMBA accreditation in 2016. It was ranked in the top 5 and 6 emerging B schools in 2016 and

2017, respectively. 

About NMIMS:

Established in 1981, NMIMS is today recognized as a globally reputed university with strong industry linkages. It offers multiple disciplines across eight campuses that consist of 17 specialized schools, more than 17,000 full-time students, and 800+ full-time faculty members, ten faculty members with Fulbright and Humboldt Scholarship for post-doctoral researchers. The Shri Vile Parle Kelavani Mandal (SVKM) laid the foundation stone of this esteemed university with the aim to cater to the rising demand for management institutes in the country. It is known for its consistent academic quality and research-focused approach to holistic education. SVKM’s NMIMS has been granted Category-I University status by Graded Autonomy Regulation 2018 by MHRD/UGC, and NMIMS Mumbai Campus is NAAC accredited with A+ (CGPA of 3.59.)

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Over the years, one thing we have learned is that a crisis breeds the ground for higher innovation and opportunities if monetized efficiently and resourcefully. The pandemic has elevated the need for reminiscing the softer tone of life charred with higher adoption of technology. The need to flatten the COVID-19 curve, led to some hard-hitting measures such as community lockdowns, social distancing, stay-at-home orders, travel, and mobility restrictions, resulting in a temporary closure of many hospitality businesses and a significant drop in demand. However, now as we are slowly returning to normalcy, the legacy habits of dining and traveling are spurting across the industry. The pent-up demand from the past two years is shaping the recovery path for the hospitality industry.

There are obvious signs that the industry will continue to improve in the coming years. By 2028, the Indian tourism industry’s contribution to the GDP is expected to reach US$ 512 billion. The hotel industry is expected to reach a valuation of INR 1,210.87 Billion by 2023. Further, the travel market is projected to reach US$ 125 billion by FY27. Moreover, the Indian government allowing 100% foreign direct investment in tourism construction projects, development of hotels, resorts, and recreational facilities, will act as a driving force for the development of the sector.

The industry is witnessing a stronger rebound in leisure than in corporate travel. The current trend to work remotely accelerated the growth of this segment allowing combining both business and pleasure travel. As per the information available from many universities abroad in an article sponsored by the Les Roche Global Hospitality Education, the simple human desire to reconnect after months of lockdowns is expected to drive increased leisure trip spending. People will travel to compensate for their missed vacation time. According to a 2022 trends survey by Booking.com, 79 % of travellers are now more receptive to varied sorts of vacations. While the hospitality sector is slowly rebounding, the COVID-19 situation continues to have a significant influence on how businesses operate in the hospitality industry to safeguard the health and wellbeing of employees and customers.

Enabling Technology-Driven Experiences

The rapid expansion of the industry in India and throughout the world can easily be connected to the revolution brought about by digitalization and technological innovation. In the hospitality business, online reservations and technology-enabled hotel management systems have already established themselves and currently, technological developments in customer service are accelerating substantially. Reduced human intervention for a seamless check-in and check-out, as well as minimizing interactions at restaurants, will be extensively embraced in addition to the benefits of technology. Indian consumers are growing more tech-savvy, which will aid the advancement of technology in the industry.

Recovery to Domestic Travel

International travel will likely start up slowly, but domestic travel is already picking up rapidly, as people look forward to unwinding after the consistent lockdowns. Domestic travellers’ willingness to visit more of the country will help the industries recover from the effects of Omicron, at least until international travel returns to normal. Domestic hotels and homestays are appealing most to the hybrid workers, stay-cationers, and business and leisure travellers who demand accessibility, affordability, connectivity, and comfort. ‘Revenge Tourism’ is also becoming a strong facet, especially with the vaccine rollout.

Enhancing Experiences with Safety and Sustainability

Unique and unexplored experiences have been popular for a few years, and this trend is continuing even now. Due to the pandemic effect, people have grown more cautious about the hotel’s hygiene and sanitization. Travellers are willing to travel great distances for a safe location that offers an earthy, even rustic, immersed delightful trip away from the throngs of major sites. If hotels in tier-2 and tier-3 cities can provide safety and amenities, they would be able to embrace more visitors. Even simple services, such as pet-friendly hotels and sufficient safety precautions for Covid, will attract a rising number of tourists.

The hotel industry demand has recovered at a sharper pace post-Covid 2.0 restrictions. The Indian hospitality sector has a critical role to play in the post-pandemic economic revival and has been announced as the fourth pillar of the Indian economy.

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Growth Prospects

Even in the face of impending economic upheavals, the hospitality industry has always demonstrated considerable resiliency in its operations and has even managed to endure while other industries have failed. The global hospitality market is expected to reach $5297.78 billion in 2025 at a CAGR of 6%. With the growth of technology, the hospitality ecosystem has changed dramatically, and we’re now dealing with businesses that are evolving quicker than ever before. According to a report by the World Travel and Tourism Council, “Travel & Tourism is one of the fastest-growing sectors across the world. The hospitality sector is incredibly cosmopolitan, and being a part of it instantly makes you a member of the global hospitality community.

Networking Opportunities

Regardless of the direction, one wants for their career, networking and meeting new people is where an opportunity arises. On average, persons working in customer service and hospitality encounter three times as many people per day as those working in other industries. According to the Harvard Business Review, Millennials seek professions that will thrill them, and ‘development opportunity is one of the most significant aspects to consider when picking a career. Employees in the hotel industry have access to a multitude of opportunities and never-ending fresh contacts for building networks.

Sense of Flexibility 

Hospitality management is one of the few professions that allows traveling the world and brings in a sense of flexibility. As one of the world’s fastest-growing sectors, hospitality management includes hotels, events, travel & tourism, luxury services, culinary services, and other related industries. Hospitality management graduates are prepared for jobs in management within the hospitality business, such as hotel or catering manager, as well as experts or managers in certain industry activities, such as sales, marketing, food, and beverage service, housekeeping, front desk operations, or finance. Consultancy, research and advisory, and even design positions, as well as crossing into other industries, are all huge possibilities.

The hospitality industry hones a skill set that is recognized worldwide and relevant to any industry, in the world. There’s a lot more to the industry than what meets the eye. The hotel business as a whole offers a wide variety of experiences. The tourism and hospitality business is a big umbrella that covers a lot of interesting jobs and provides an excellent platform for showcasing the hidden abilities to the rest of the world. 

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Such awards are essential as they establish the industry connection to strengthen the profile of graduates from SVKM’s NMIMS School of Hospitality Management and facilitate a good industry rapport.

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Let us take this moment to commemorate our brave freedom fighters who laid their lives for India’s independence. Jai Hind!

Dr. Ramesh Bhat, Vice Chancellor, NMIMS hoisting the flag.

Pic: Dr. Ramesh Bhat, Vice Chancellor, SVKM’s NMIMS

NMIMS Hyderabad Campus flag Hoisting

NMIMS Hyderabad Campus – Faculty & Staff   

NMIMS Shirpur Campus Flag Hoisting

Celebration of Independence Day at Shirpur Campus

Dignitaries at Mumbai Campus

Dr. Meena Chintamaneni, Registrar, SVKM’s NMIMS

@Mumbai Campus

@ Mumbai Campus 

Faculty members and staff at Mumbai Campus

@Dhule Campus

@Dhule Campus

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